Dhaka, Bangladesh (BBN)- The reverse REPO auction for commercial banks and financial institutions was held at Bangladesh Bank on Thursday, officials said.

Five bids of 3-day tenor amounting to BDT 12.70 billion were received and all the bids were accepted. The rate of interest of reverse REPO was 5.25 percent.

BBN/SSR/AD-21Feb14-5:01 pm (BST)